Compare £1,000 loans

These lenders all offer £1000 loan and more. Compare them to find a low APR so you'll pay less in interest.

£

Checking won't affect your credit score

Powered by

How it works

1

Check your eligibility

Answer a few quick questions. This will not impact your credit score.

2

Compare personalised loans

See the exact amount you’ll need to pay each month – no estimates.

3

Apply online

Complete your application on the lender website. You could get your money in hours.

See the interest rate you’re eligible for before you apply

With real interest rates you'll see exactly how much you’ll need to pay each month. And which lenders will pre-approve your application before you apply.

9 results found, sorted by lowest representative apr. Find out more about how our calculator works and how we order our comparisons.
Sort
Change the amount you are looking to borrow to see what offer you can get
£
years
Hitachi Personal Loan (Direct)
Loan amount
£1,000 to £25,000
Representative APR
9.8% APR
Loan term
2 years to 5 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 9.8% per annum would result in a representative rate of 9.8% APR, monthly repayments of £31.98 false and a total amount repayable of £1,151.28.
Eligibility
Credit rating acceptedgood
Debt consolidation
Flexible rescheduling
Guarantor requiredfalse
Managed online
Managed over phone
Maximum AgeUnlimited
Minimum Age21 years
Online decision
UK Resident
Lending Works Personal Loan
Loan amount
£1,000 to £25,000
Representative APR
14.3% APR
Loan term
1 year to 5 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 14.3% per annum would result in a representative rate of 14.3% APR, monthly repayments of £33.90 plus an arrangement fee of £100.00, and a total amount repayable of £1,320.40.
Eligibility
Credit rating acceptedgood
Debt consolidation
Guarantor requiredfalse
Managed online
Minimum Age21 years
Minimum income£14,000
UK Resident
Zopa Personal Loan
Loan amount
£1,000 to £25,000
Representative APR
15.4% APR
Loan term
1 year to 5 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 15.4% per annum would result in a representative rate of 15.4% APR, monthly repayments of £34.38 false and a total amount repayable of £1,237.68.
Eligibility
Credit rating acceptedgood
Debt consolidation
Flexible rescheduling
Guarantor requiredfalse
Managed online
Minimum Age20 years
Minimum income£12,000
Online decision
Social lending
UK Resident
BetterBorrow Personal Loan
Loan amount
£1,000 to £12,000
Representative APR
18.7% APR
Loan term
1 year to 5 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 18.7% per annum would result in a representative rate of 18.7% APR, monthly repayments of £35.79 false and a total amount repayable of £1,288.44.
Eligibility
Credit rating acceptedgood
Debt consolidation
Guarantor requiredfalse
Managed online
Minimum Age18 years
Minimum income£12,000
Online decision
UK Resident
LiveLend Reward Loan
Loan amount
£1,000 to £12,000
Representative APR
21.4% APR
Loan term
1 year to 5 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 21.4% per annum would result in a representative rate of 21.4% APR, monthly repayments of £36.93 false and a total amount repayable of £1,329.48.
Eligibility
Credit rating acceptedgood
Debt consolidation
Guarantor requiredfalse
Managed online
Minimum Age18 years
Minimum income£12,000
Online decision
UK Resident
118 118 Money Personal Loan
Loan amount
£1,000 to £5,000
Representative APR
49.9% APR
Loan term
1 year to 3 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 49.9% per annum would result in a representative rate of 49.9% APR, monthly repayments of £48.80 false and a total amount repayable of £1,756.80.
Eligibility
Credit rating acceptedpoor
Debt consolidation
Flexible rescheduling
Guarantor requiredfalse
Managed online
Minimum Age18 years
Minimum income£8,400
Online decision
UK Resident
Bamboo Personal Loan
Loan amount
£1,000 to £8,000
Representative APR
59.7% APR
Loan term
1 year to 5 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 59.7% per annum would result in a representative rate of 59.7% APR, monthly repayments of £52.73 false and a total amount repayable of £1,898.28.
Eligibility
Credit rating acceptedpoor
Debt consolidation
Flexible rescheduling
Guarantor requiredfalse
Managed online
Managed over phone
Minimum Age18 years
Online decision
UK Resident
Likely Loans Personal Loan
Loan amount
£500 to £5,000
Representative APR
59.9% APR
Loan term
1 year to 3 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 59.9% per annum would result in a representative rate of 59.9% APR, monthly repayments of £52.81 false and a total amount repayable of £1,901.16.
Eligibility
Credit rating acceptedgood
Debt consolidation
Flexible rescheduling
Guarantor requiredfalse
Managed online
Minimum Age18 years
Online decision
UK Resident
Everydayloans Personal Loan
Loan amount
£1,000 to £15,000
Representative APR
99.9% APR
Loan term
2 years to 5 years
No effect on your credit rating on initial application. No fees or charges. T&Cs apply.
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 99.9% per annum would result in a representative rate of 99.9% APR, monthly repayments of £67.92 false and a total amount repayable of £2,445.12.
Eligibility
Credit rating acceptedpoor
Debt consolidation
Guarantor requiredfalse
Joint loan
Managed in branch
Managed online
Minimum Age21 years
Minimum income£15,000
Online decision
UK Resident

We are classed as a credit broker for consumer credit, not a lender.

Our services are provided at no cost to you. We may receive a commission from the companies we refer you to, but this does not affect what you will pay for the product you choose.

Powered by Accepty

Your personalised loan results are powered by Accepty. They make sure you see real interest rates. Not just estimates.

Last updated: 23 September, 2020

When is a £1,000 loan useful?

Quick access to a £1,000 loan can be a life saver in a crisis. This could be if your car broke down and you needed to get it fixed quickly. Or an unexpected bill comes up, which you don't have the cash to pay for.

How to get the right £1,000 loan

Follow these three steps:

  • Decide how long you need to pay back your loan

  • Compare interest rates to find the cheapest loan

  • Check you meet all the lender's requirements before you apply

Once you have chosen a loan you need to apply by completing an application form, here is how to apply.

Choose the right loan term

Most £1,000 loans can last for between one and five years, but some lenders will let you borrow for longer than this.

A longer loan term makes your monthly payments smaller but also makes the loan more expensive.

Choosing the shortest loan term you can afford the monthly payments for should save you money.

Use our loan calculator to estimate how much your payments would be over different loan terms, and choose the shortest repayment period you can afford.

Get the best rate

Once you know how long you need to pay back your loan you can start comparing interest rates to find the cheapest £1,000 loan.

Use this comparison to look for the lowest representative APR (annual percentage rate). This is the interest rate that all lenders advertise and must give to at least 51% of borrowers.

All the lenders listed in this comparison are regulated and offer £1,000 loans.

Here is how APR works

Check the terms and conditions

All lenders set a list of criteria you have to meet to get a loan so check for these before you apply.

Lots of lenders now offer a soft search quote option as well, which lets you check if you will be accepted and the cost of the loan before you submit a full application.

Here is how to apply for a loan

How to apply for a £1,000 loan

Before you apply for a loan, make sure you compare loans to find the best deal for your needs. It's also important that you are ware of the terms of the loan, i.e. how much you’ll pay back, the APR and the commitment you’re making.

It might be worth using a loan repayment calculator to find out whether or not you'll be able to afford to repay the loan. Once you've chosen the deal and lender that you like, you can proceed to the simple and easy application form.

In your application, you’ll typically need to provide:

  • Full name

  • Contact details

  • Address history for the past three years

  • Income and outgoings

  • Other debts that you may have

Can you get a £1,000 loan with bad credit

If you have a bad credit history, it is still possible get a £1,000 loan, but you'll likely have to pay a higher interest rate as you'll be considered to be a higher risk

£1,000 loan FAQs

About our loans comparison

Explore more loans guides

See more guides

A beginner's guide to loans

Exactly what is a loan? What can you use it for and how do you get one? Find answers to all your questions about loans here.

Read More
The word loan is spelt over four wooden blocs, with two male figurines placed next to them.

How to borrow money with bad credit

You can get a personal loan with bad credit, but the rates will likely be high. It can be harder to get a loan with bad credit, and it may be worth trying to improve your score before you apply for a loan.

Read More

How your credit record affects the loan you get

Your credit record has a big impact on the type of loan you can get and how much it will cost. Here is how your credit history affects your loan application and what you can do about it.

Read More
Keys with house

Should you borrow against your home?

Should you borrow against your house? Find out if taking out a secured loan against your home is sensible or something to avoid.

Read More

Should you get an overdraft, credit card or loan?

Choosing the right way to borrow money can make it cheaper and easier to manage. Here is when you should use a credit card, loan or overdraft.

Read More
Weighing scales with a pile of receipts on one side in the air and a piggy bank on the other weighing it down

What happens if you are unable to pay back your loan?

When you miss a payment on your loan, you'll be charged a fee. You may be issued with a County Court Judgement or have to declare yourself bankrupt if you continue to miss payments.

Read More

Why compare loans with money.co.uk?

Comparing loans could help you save money. Our award-winning loan comparison service makes sure you get our best interest rates. Our aim is to provide you with the most up-to-date information, as well as useful tools and calculators so to help you make life's most important decisions and take control of your money.

Proud to be award winning

We have always aimed to provide the best possible services to bridge the gap between our users and our clients. Over the years, we have been thrilled to be recognised by various prestigious bodies and organisations for those efforts.